Tanoira Cassagne Abogados and Beccar Varela advised on BICE’s new issuance of notes
Tanoira Cassagne Abogados advised Argentine development bank BICE with the issuance of Series 9 Additional notes, worth AR$ 341,600,000 (approx. US$ 7.6 million). The Series 9 Additional Notes are a reopening of BICE’s Series 9 Notes that were issued on July 16th, 2019 for AR$ 1,500 million (approx. US$76 million).
Beccar Varela advised Banco de Galicia y Buenos Aires S.A.U., Banco Macro S.A., Macro Securities S.A., Banco de Servicios y Transacciones S.A. and Nación Bursátil S.A., as organisers and placement agents for the issuance.
The issuance of the Series 9 Additional notes was completed on July 23, 2019. The notes were listed on Bolsas y Mercados Argentinos S.A. through the Buenos Aires Stock Exchange, and traded on Mercado Abierto Electrónico S.A.
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